But SD provides a good balance of ease of renting, cash flow, AND appreciation potential.
Also, as far as some of those places (Florida, Las Vegas, Phoenix), they’re basically imbecile-infested dumps. Yeah, like I need to have tenants in a place where all you need to do to carry a pistol around is fog a mirror.
I’ll stick to NJ/NY and/or San Diego. I’m not really looking for more than 7-9% cash flow, as long as it DOES cash flow.